1-2 of 2 results for subject:Intestacy
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That this House believes that the rules relating to intestacy are in urgent need of updating; notes that under the rules a spouse will only receive the first ??125,000 absolutely of the deceased's estate where there are children of the marriage; further notes that this figure has not changed for several years, despite a large increase in the value of domestic property; is concerned that many widows and widowers may lose their homes because their value is greater than the ??125,000 threshold; and calls upon Her Majesty's Government to consider raising this threshold to ??200,000, as recommended by the Law Society.
That this House believes that the rules relating to intestacy are in urgent need of updating; notes that under the rules a spouse will only receive the first ??125,000 absolutely of the deceased's estate where there are children of the marriage; further notes that this figure has not changed for...